TotalEnergies takes step toward production in South Africa
TotalEnergies has submitted an application to convert its exploration right offshore South Africa into a production right.
E&P
Recognising shift to gas, Mubadala Petroleum rebrands
Mubadala Petroleum has changed its name to Mubadala Energy, reflecting the company’s energy transition commitments and its gas-weighted portfolio.
Trident signs up Island Innovator rig for Equatorial Guinea
Trident Energy has signed up a rig from Island Drilling for work offshore Equatorial Guinea.
Capricorn considers options in warning to Tullow merger plan
Amid mounting opposition from some investors to its proposed merger with Tullow Oil, Capricorn Energy is “assessing all options to maximise value for shareholders”.
South Africa begins producing LNG with Renergen start
South Africa has joined the club of LNG producing states as Renergen has started up its production facility at the Virginia gas project.
African ministers talk up long-term gas plans at Senegal event
African ministers have put the case forward for gas, both as an export commodity and a domestic enabler, with an eye on the upcoming COP27.
South Africa court cancels Shell exploration licence
A South African court has cancelled an exploration right by Shell off the Wild Coast, in another blow to the country’s energy ambitions.
ReconAfrica reaches total depth at first well
Reconnaissance Energy Africa has reached total depth at the 8-2 well, in northeast Namibia’s Kavango Basin.
One of world’s most polluted spots gets worse as $1bn cleanup drags on
In the more than a quarter century since Shell Plc left Ogoniland in southern Nigeria, oil has continued to ooze from dormant wellheads and active pipelines, leaving the 386-square mile kingdom’s wetlands shimmering with a greasy rainbow sheen, its once-lush mangroves coated in crude, well-water smelling of benzene and farmlands charred and barren.
Descalzi talks Damietta exports, as Zohr plateaus
Eni CEO Claudio Descalzi has held talks with Abdel Fattah al-Sisi on increasing investments in Egypt, upping gas exports and domestic renewable energy.
Delayed Dangote launch to end Nigeria’s fuel imports, Kyari says
The major Dangote Refinery project, near Lagos, will come on stream “latest by the middle of next year”, Nigerian National Petroleum Corp. (NNPC) head Mele Kyari has said.
Shell contracts Deepsea Bollsta for Namibia work
Shell has contracted Northern Ocean’s Deepsea Bollsta to carry out drilling offshore Namibia under a 12-month contract.
Militants object to security contract handout in Nigeria
Nigeria’s attempts to tackle its oil theft problem have seen a new deal signed with a former leading militant – but the move has sparked protests.
NOC secures investment pledges from Eni, TotalEnergies
Libya’s National Oil Corp. (NOC) chairman Farhat Bengdara has visited the heads of Eni and TotalEnergies in their home offices, seeking new investments.
Petronas out of Gambia, while FAR steps up
Petronas has officially transferred its stake in two Gambian blocks to Australian minnow FAR, which will now seek a new partner to support exploration.
Shell, Exxon, others to end billion dollar Nigerian lawsuits
Shell, ExxonMobil, Chevron and Equinor plan to withdraw multibillion-dollar lawsuits against Nigeria’s state energy company after finalizing new terms for deep-water oil production in Africa’s largest crude producer.
Sonatrach scores with Sbaa find
Sonatrach has made an oil discovery in the Sbaa region, its first in the area for 28 years.
Panoro signs up for onshore South Africa exploration
Panoro Energy has taken a 100% stake in a South African licence, onshore in the Karoo Basin, citing gas – and helium – prospectivity.
Petronas explores $3bn African upstream asset sale
Malaysian state oil company Petroliam Nasional has started inviting bids for its upstream assets in Africa, which could fetch as much as $3 billion, people with knowledge of the matter said.
ZPEB rig testing complete for Tilenga work
China’s ZPEB has completed testing on a rig that is due to set sail for Uganda, to work on TotalEnergies’ Tilenga project.
BW Energy facility sets sail for Gabon
BW Energy’s new offshore production facility has set sail for Gabon, on a heavy lift vessel. It is due to arrive by the end of September.
Sasol posts major increase, to pay record dividend
Sasol has reported adjusted EBITDA up 48% for its financial year, ending on June 30.
Sudan offers Russia oil exploration opportunities
Sudanese officials have visited Russia and discussed the opportunities for new oil investments in the North African state.
DNO makes move into West Africa with Foxtrot fling
Norway’s DNO has struck a deal to buy a stake in Foxtrot International, which owns gas producing assets in Cote d’Ivoire.
Aker suggests Lukoil exit to resolve Ghana’s Pecan pickle
Aker Energy has six weeks to submit a plan of development for its Pecan project, offshore Ghana, while facing challenges over Russian Lukoil's involvement.